Understanding Contract Management
No matter the industry, contract management processes are a time-consuming aspect for every business. Nevertheless, there are many important factors regarding this issue that need close inspection and always leave a margin for error. As times change, your contracts and agreements need to adapt to new clients, circumstances and needs. However, these processes usually don’t […]
Making a business case for contract management
If you’re reading this article, you might have recently taken on the task to find a contract management solution for your company or you might be looking for how to justify securing internal resources to centralize all of your contract data. It might also currently be your job to look after your business’s contracts and, […]
Is A Contract Management Solution Right For Your Growing Company?
Running a small business is hard work. It can be taxing on your mental health when it feels like the weight of the entire operation falls squarely on your shoulders. When tasks are in large supply, but staff, resources, and bank accounts are limited, the stress of owning your own small business can seem overwhelming. […]
Why is no-code software ideal for the public sector?
Economy is key for the generally cash-strapped public sector. Yet, many governments and public organizations continue to rely on high-maintenance, pricey legacy software. Realizing the lower costs and vastly increased flexibility of some commercial offerings, the Air Force Targeting Center (AFTC) and King County in the state of Washington decided to purchase systems from Agiloft. Because Agiloft […]
ERP Contract Management Vs Point Solutions
It’s a common scenario that we come across when speaking to prospective customers. On the one hand they have the option to leverage an existing ERP solution, usually by activating a separate module. Whilst on the other hand they have the option of investing in a separate, but specialist contract and vendor management solution such as our […]
6 KPI’s to Measure the Performance of Your Contracts
Key Performance Indicators, or KPIs, help contract managers measure progress and achieve goals against contracts. When designed and used optimally, KPIs play a role in driving actions and can have significant effects on results and projects. Contract KPIs can be grouped into several categories, of which the most useful tend to be Contract Value, Contract […]
Tips for Effective Vendor Contract Management
There is no external party more directly tied to your business’s success than your vendors: from office support to software to key parts and equipment and so much more, businesses rely on third-party vendors for a wide variety of services and supplies. In theory, this sort of arrangement seems simple: find a provider who can […]
How to pick contract management software: 10 Critical capabilities
If your company is like most, your contract management system consists of file cabinets, a digital maze of email and Excel spreadsheets, and dated software that just can’t keep up. But if the thought of replacing your current system seems daunting; you aren’t alone. Transitioning an entire organization to a new contract management system is […]
